Auditors Favor Curbs on Changes to the Audit Report

Ninety-eight percent of “critical audit matters” identified during a field test involving 51 audits were previously communicated to the audit committee.
Rather than divulge every worry that kept them up at night during an audit, some auditors feel that they should limit their reporting of “critical audit matters” to the anxieties they’ve reported to the audit committee, according to an analysis of a field test of the Public Company Accounting Oversight Board’s proposal to revamp the auditor’s report.
Read full article
Auditors Favor Curbs on Changes to the Audit Report

Persistence pays off – city releases internal audits at the request of residents

After a heated discussion between Beaumont city council members and residents who have been pushing for years to have City Manager Alan Kapanicas release internal audits, the city has released a draft audit of its finances. The budget was

Female prison inmates sterilized illegally, California audit confirms

-13, auditors found, more than a quarter — 39 — were done without lawful consent, according to the report by State Auditor Elaine Howle. The “true number” of illegal procedures might be higher, the audit said, because auditors found seven cases

Police and Fire Pension Fund Should Never Underestimate the Powers of Dave Neumann

be. The fund, in trouble over stupid investments, is clicking its claws trying to crab-walk backwards from a threatened external audit. The fund hired Neumann, a former City Council member from a demographically diverse district, at $ 5,000 a

Introduction To Auditing | Auditing and ...

4 Major Components You Should Consider in a Social Media Audit ...

A simple way to make sure your social media accounts are set up effectively is by performing a social media audit. A social media audit helps you assess your social channels and identify issues and areas for improvements.

The Father's Day Audit -

At the end of each year, I get my financial statements so I can assess how my business did. And each Father's Day I take a moment to think about how I did over the previous year as a father. Actually, that isn't entirely true.

The Supply Side: Post-payment audit business still growing ...

The City Wire first began to report on the issue in January 2013, when some suppliers began to complain about a rising number of monthly audit claims against their contracts with Wal-Mart Stores and other retailers.

Supply Chain Logix Names Jay-Lynn Wallace Vice President of Operations

-- Supply Chain Logix, a global supply chain provider, announces the appointment of Jay-Lynn Wallace as Vice President of Operations. Based at the company’s headquarters in Irving, Texas, Wallace will be responsible for overseeing all supply chain services for its global logistics operations.
Read full article

News: Auditors Favor Curbs on Changes to the Audit Report

Committee: A committee is a type of small deliberative assembly that is usually intended to remain subordinate to another, larger deliberative assembly—which when organized so that action on committee requires a vote by all its entitled members, is called the "Committee of the Whole". Committees often serve several different functions: